XRPBTC 3 monthsCurrently XRP on BTC pair is above the support area (rectangle box). Kindly note the previous candle is an inverted hammer (bullish pattern) and we have only 15 days remaining to close the current candle. If we close above or within the rectangle box which is a demand area we will see a break out on the trendline and break the .236 fibanocci level. Rest Fibanocc level will be the target.
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XRPBTC trade ideas
XRP BTC, WeeklyXRP BTC pair is still bullish and try to break out in the falling wedge. The chart speaks it self of the target as per fibanocci level. Once we break .236 fib level we will see the rally upward.
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Thanks you
XRP UPDATE - DO NOT LET ELITES WIN THIS TIME!!XRP UPDATE - DO NOT LET ELITES WIN THIS TIME!!
ELITES BEEN MOVING THEIR BITCOIN BACK INTO XRP. THIS HAS BEEN GOING ON SINCE MID MARCH. THEY KNOW WHEN TO BUY AND SELL, AND RIGHT NOW THEY ARE BUYING XRP. I DO NOT FOLLOW ITS FUNDAMENTALS OR NEWS. I DONT CARE IF THEY ARE GETTING SUED. NEWS CREATES WICKS, BUT THE BODY OF THE CANDLES TELL THE FACTS
SEC SUED AMAZON AND TESLA. ALL AVERAGE PEOPLE SOLD WHILE ELITES BOUGHT! THEY ARE NOW THE WORLDS RICHEST PEOPLE. THEY ARE DOING THE SAME EXACT THING WITH XRP!!!
FACTS:
1. XRP HAD AN STOCH RSI CROSS MARCH
2. %D (ORANGE LINE) STILL IS AT 70 ON THE STOCH RSI. AWAITING TO REACH TO 90!!
3. RSI IS STILL HIGHLY OVERSOLD ON THE MONTHLY
4. AT THE MOMENT WE ARE TESTING PAST RESISTANCE LINE!! A MONTHLY CLOSED BELOW THIS LINE WILL INVALIDATE THIS ANALYSIS!
TARGET: 1600 - 1700 SATOSHI!
Good Luck!
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
XRP looks like it will run on top the next really! Look at XRP today. We are currently crossing our MA resistance and pumping our way higher to the next fibo resistance.
So xrp has in the lást months a lot of problems with sec. It looks like we will see some news in the near future regarding the lawsuit.
A good conclusion would instantly push the price to new highs. So keep in mind. we are up already 10%. Maybe cost average would be a good way to get the risk away.
As always have a nice day and leave a follow for daily news
XRPBTC in both a doublebottom & a bullflag pattern on the weeklythe green measured move price target is for if we confirm the double bottom breakout...the tan colored breakout is if we confirm the bull flag breakout...odds arew good if we trigger the double bottom breakout we will in turn then trigger the bull flag target as well. Price action is still currently retesting the double bottom neckline as support whioch increases the probability of a bullish breakout...should we reach the bullflags measured move target xrp will make a 73% gain against bitcoin as well as secure a higher high on the weekly...both would be very bullish developments for xrp.
short term idea for XRPyou can short xrp for short term if it retest our support it can go up then you take long position. If XRP break the support level we can get easily 20 to 30% more droup down in XRP.
Remember
it is a short term analysis so act as short term.
more ideas on this analysis welcome in comment section.